Global Commercial Greenhouse Market

Global Commercial Greenhouse Market Size, Share, Industry Growth, Trends Report by Type (Glass Greenhouse, Plastic Greenhouse), Crop Type (Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops), Equipment (Hardware, Software & Services) and Region - Global Forecast to 2028

Report Code: AGI 4088 Aug, 2023, by marketsandmarkets.com

Commercial Greenhouse Market Overview

Commercial Greenhouse Market size was valued at USD 39.6 Billion in 2023 and is projected to reach USD 68.7 Billion by 2028, growing at a CAGR of 11.6% during the forecast period 2023-2028. Several important factors augment the demand for commercial greenhouse solutions and services on a global scale. Commercial greenhouses provide the opportunity to lengthen growing seasons, lessen the effects of unfavorable weather, and ensure reliable crop harvests. Additionally, as consumer's awareness of the provenance and quality of their food grows, the transparency and traceability provided by greenhouse-grown products find a significant market resonance.

Commercial Greenhouse Market Global Forecast

To know about the assumptions considered for the study, Request for Free Sample Report

Commercial Greenhouse Market Trends & Dynamics

Driver: Need for higher yields using limited space and water.

As the population expansion continues, available arable land becomes insufficient, making efficient land utilization a critical concern. Commercial greenhouses address this challenge by maximizing space utilization through vertical farming, hydroponic, and aeroponic systems, allowing for multiple layers of cultivation within a compact area. This spatial efficiency enables growers to achieve substantially higher crop yields compared to traditional open-field methods. Moreover, water scarcity is a compelling issue across many regions, necessitating the adoption of water-efficient cultivation techniques. Commercial greenhouses excel in this aspect by enabling precise control over irrigation, preventing water wastage through targeted delivery directly to plant roots. Additionally, advanced irrigation systems like drip and recirculation systems within greenhouses optimize water use and reduce evaporation losses. Thus, these factors are anticipated to drive the market of commercial greenhouses in the upcoming years.

Restraint: Deployment of expensive systems in commercial greenhouses

Commercial greenhouses are highly expensive owing to the use of several high-cost systems, such as HVAC systems, control systems, LED grow lights and sensors. Each LED grow light unit contains an array of LEDs specially designed for greenhouse applications, which increases their overall costs. These units contain different types of LED lights with variations in terms of wattage and wavelengths to provide the required light spectrum for the optimal growth of specific plant species.

It can be too expensive to make the initial investment needed to build up advanced infrastructure and equipment within greenhouses. Potential investors may be discouraged from entering the market by high expenses, especially smaller-scale farmers or those in emerging regions. This can restrict market commercial greenhouse market growth and accessibility. Additionally, ongoing operational expenses associated with maintaining and running these advanced systems can be substantial. Energy-intensive climate control, lighting, and automation systems contribute to elevated utility bills. Thus, these factors could act as a restraint for market growth.

Opportunity: Rise in demand for floriculture and ornamental horticulture applications.

The increasing demand for floriculture and ornamental horticulture presents a significant opportunity for the greenhouse market. As urbanization and disposable incomes rise across the globe, there is a growing interest in enhancing living and working spaces with aesthetically pleasing plants and flowers. Commercial greenhouses provide an ideal environment for cultivating a wide variety of flowers, plants, and ornamental foliage with precision and control.

Commercial Greenhouse Market Attractive Opportunities

To know about the assumptions considered for the study, download the pdf brochure

Commercial greenhouses' capacity to provide ideal growing conditions independent of the climate outside is expected to benefit market growth. This makes it possible to grow flowers and decorative plants all year long, satisfying demand for these items during off-seasons or in areas with unfavorable weather. Additionally, greenhouses shield sensitive plants from harsh weather, pests, and illnesses, producing goods of superior quality and greater aesthetic appeal.

Challenge: Risk of equipment failure and delays in the learning curve of growers

The high risk of equipment failure and the resultant possibility of limited production is hindering the adoption of greenhouse farming. For instance, failure of a part of the system, such as a water pump, may lead to the death of the plants within a matter of hours. Without soil, there is no water or nutrient storage for plants to feed on. Much like any typical grow room, in case of a power outage, the backup must be ready. This might result in additional costs, consequently affecting the cost of production and profit margins.

The delay in the learning curve of users also acts as a challenging factor in the growth of this market. For a large portion of the population that is accustomed to traditional ways and farming techniques, it becomes difficult to adopt modern and newer techniques, such as hydroponics. They are required to spend considerable time to understand the systems. Delays in getting familiar with the systems can hamper production. Delayed learning curves among growers thus pose a potential challenge to market growth.

Commercial Greenhouse Market Ecosystem

Leading companies in this market include well-established, financially stable solution providers of commercial greenhouse products and service providers. These companies have been operating in the market for several years and possess a diversified service portfolio, state-of-the-art laboratory & technologies, and strong global sales and marketing networks. Prominent companies in this market include Berry Global Group, Inc (US), Signify Holding (Netherlands), Heliospectra AB (Sweden), PLASTIKA KRITIS S.A. (Greece), EVERLIGHT ELECTRONICS CO., LTD (Taiwan), Prospiant (US), RICHEL GROUP (France), Argus Control Systems Limited (Canada), Certhon (Netherlands), LOGIQS.B.V. (Netherlands), Lumigrow, Inc (Canada), Agra Tech, Inc (US), Hort Americas (US), Top Greenhouses (Israel), and Stuppy Greenhouse (US).

Commercial Greenhouse Market Ecosystem

Commercial Greenhouse Market Segment Analysis

Within the greenhouse type segment, plastic greenhouse is projected to have the highest market growth rate during the forecast period.

Alternatives to conventional glass structures that are more affordable include plastic greenhouses. Plastic greenhouses often have cheaper construction costs and material costs, making them more affordable for a wider range of producers, including small and medium-sized businesses. This accessibility promotes broader market adoption and expansion.

Furthermore, greenhouses made of plastic have great insulating capabilities. They can hold onto heat more effectively than glass buildings, which results in energy savings while controlling temperature. This thermal efficiency helps maintain favorable growing conditions and lowers the running costs for heating and cooling. Thus, such factors contribute to the growth of the market, and the plastic greenhouse category is the fastest-growing segment in the type segment. It is expected to propel the market growth further.

Within the equipment segment, hardware is predicted to have the largest market value during the forecast period.

The hardware segment is predicted to have the largest market value in the commercial greenhouse segment due to its fundamental role in establishing and maintaining greenhouse structures. Typically, the hardware components are made to survive environmental obstacles, including wind, snow, rain, and freezing temperatures. High-quality hardware components also protect the greenhouse structure's durability and dependability, decreasing the need for frequent repairs or replacements and helping greenhouse operators save money overall. Moreover, the expansion of commercial greenhouse farming into regions with varying climates and agricultural practices creates a demand for adaptable and reliable hardware solutions.

Within the crop-type segment, vegetables are anticipated to have the leading market share during the forecast period.

Greenhouse environments enable precise control over factors such as temperature, humidity, light, and nutrients. This level of control enhances crop growth, leading to higher yields and superior-quality produce. Consumers are increasingly seeking nutritious and visually appealing vegetables, which are more reliably achieved within greenhouse farming techniques. Since vegetables are utilized across the majority of dishes and are considered a staple food across the world, thus there is a never decreasing demand for vegetables, which is expected to drive the market of commercial greenhouses in the upcoming years.

Europe is expected to have the largest market share during the commercial greenhouse market forecast period.

Due to urbanization and other land-use pressures, certain European countries have a limited amount of arable land accessible. Commercial greenhouses, therefore, offer an effective approach to maximize food production in a constrained location, making them a workable answer to the problem of food security. European institutions, universities, and research organizations are at the forefront of agricultural research and innovation. This has led to the development of advanced greenhouse technologies, cultivation practices, and crop varieties that enhance productivity and sustainability. Moreover, the developed commercial greenhouse sector in Europe enables surplus output that may be exported to other regions, which helps the area dominate the market.

Commercial Greenhouse Market Size, and Share

Key Market Players

The key players in this market include Berry Global Group, Inc (US), Signify Holding (Netherlands), Heliospectra AB (Sweden), PLASTIKA KRITIS S.A. (Greece), EVERLIGHT ELECTRONICS CO., LTD (Taiwan), Prospiant (US), RICHEL GROUP (France), Argus Control Systems Limited (Canada), Certhon (Netherlands), LOGIQS.B.V. (Netherlands), Lumigrow, Inc (Canada), Agra Tech, Inc (US), Hort Americas (US), Top Greenhouses (Israel), Stuppy Greenhouse (US). These companies have been focusing on expanding their market presence, enhancing their solutions, and partnering with many channel partners and technology companies to cater to consumers across the globe. The deep roots of these players in the market and their robust offerings are among the major factors that have helped them achieve major sales and revenues in the global commercial greenhouse market.

Scope of the Commercial Greenhouse Market Report

Report Metric

Details

Market size available for years

2018–2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD)

Segments Covered

Type, Equipment, Crop Type, And Region.

Regions covered

North America, Europe, Asia Pacific, South America, and Rest of the World (RoW)

Companies covered

Berry Global (US), Signify Holdings (Netherlands), Heliospectra AB (Sweden), Plastika Kritis S.A. (Greece) Richel Group (France), Argus Control Systems Limited (Canada), Certhon (Netherlands), Logiqs B.V. (Netherlands), Agra Tech, Inc (US), and Hort Americas LLC (US).

Global Commercial Greenhouse Market Report Segmentation

This research report categorizes the global greenhouse market report based on type, equipment, crop type, and region.

Aspect

Details

Based on Type

  • Glass Greenhouse
  • Plastic Greenhouse

Based on the Equipment

  • Hardware
  • Software & services

Based on the Crop Type

  • Fruits
  • Vegetables
  • Flowers & Ornamentals
  • Nursery Crops
  • Other Crop Types

Based on the Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW (the Middle East & Africa)

Commercial Greenhouse Market: Recent Developments

  • In August 2023, Certhon (Netherlands) acquired DENSO (Japan), which helped Certhon to accelerate the global expansion of its agricultural production business by leveraging Certhon's advanced horticultural technologies to develop innovative farm models, address food challenges, and enhance the agricultural value chain.
  • In May 2022, Signify Holding (India) acquired the rights of Fluence (US). This acquisition allowed Signify Holding to expand its product offering in indoor farming lighting solutions that help Signify’s position n in the attractive North American horticulture lighting market.
  • In May 2021, Heliospectra AB (Sweden) partnered with Harahara Inc. (Japan). The partnership enabled Heliospectra AB to sell it to bring light automation to the Japanese market, thereby expanding its geographical presence. The partnership is expected to augment Heliospectra AB's long-term growth strategy in new geographies across the Japanese market.
  • In December 2020, Prospiant (US) acquired Sunfig Corporation (US), which helps Prospiant by providing software solutions to the market Sunfig Corporation is a provider of software solutions that optimize solar energy investments through upstream design, performance, and financial modeling.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

 
TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 43)
    1.1 STUDY OBJECTIVES 
    1.2 COMMERCIAL GREENHOUSE MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONAL SEGMENTATION
           1.3.3 INCLUSIONS & EXCLUSIONS
           1.3.4 YEARS CONSIDERED
    1.4 UNIT CONSIDERED 
           1.4.1 CURRENCY
                    TABLE 1 USD EXCHANGE RATES CONSIDERED, 2019–2022
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
           1.6.1 RECESSION IMPACT ANALYSIS
 
2 RESEARCH METHODOLOGY (Page No. - 49)
    2.1 RESEARCH DATA 
           FIGURE 1 COMMERCIAL GREENHOUSE MARKET REPORT: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
                               FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS
                    2.2.1.1 Bottom-up approach
                               FIGURE 3 GLOBAL MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
                    2.2.1.2 Top-down approach (demand side)
                               FIGURE 4 MARKET SIZE ESTIMATION (DEMAND SIDE)
           2.2.2 MARKET SIZE ESTIMATION: SUPPLY SIDE
                    FIGURE 5 COMMERCIAL GREENHOUSE MARKET SIZE ESTIMATION, BY TYPE (SUPPLY SIDE)
    2.3 DATA TRIANGULATION 
           FIGURE 6 DATA TRIANGULATION
    2.4 STUDY ASSUMPTIONS 
    2.5 RESEARCH LIMITATIONS AND ASSOCIATED RISKS 
    2.6 RECESSION IMPACT ANALYSIS 
           2.6.1 RECESSION IMPACT ON THE MARKET
                    2.6.1.1 Macro indicators of recession
                               FIGURE 7 INDICATORS OF RECESSION
                               FIGURE 8 WORLD INFLATION RATE: 2011–2021
                               FIGURE 9 GLOBAL GDP: 2011–2021 (USD TRILLION)
                               FIGURE 10 RECESSION INDICATORS AND THEIR IMPACT ON THE MARKET
                               FIGURE 11 MARKET: EARLIER FORECAST VS. RECESSION FORECAST
 
3 EXECUTIVE SUMMARY (Page No. - 63)
    TABLE 2 MARKET SNAPSHOT, 2023 VS. 2028 
    FIGURE 12 MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 
    FIGURE 13 MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION) 
    FIGURE 14 MARKET SHARE, BY EQUIPMENT, 2023 VS. 2028 
    FIGURE 15 MARKET: REGIONAL SNAPSHOT 
 
4 PREMIUM INSIGHTS (Page No. - 68)
    4.1 ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN GREENHOUSE MARKET 
           FIGURE 16 DEMAND FOR YEAR-ROUND CROP PRODUCTION TO DRIVE COMMERCIAL GREENHOUSE MARKET
    4.2 MARKET, BY CROP TYPE 
           FIGURE 17 VEGETABLES SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    4.3 MARKET, BY TYPE 
           FIGURE 18 PLASTIC GREENHOUSE SEGMENT TO HOLD LARGER MARKET DURING FORECAST PERIOD
    4.4 MARKET, BY EQUIPMENT 
           FIGURE 19 HARDWARE SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
    4.5 EUROPEAN MARKET, BY TYPE AND COUNTRY 
           FIGURE 20 PLASTIC GREENHOUSE SEGMENT DOMINATED EUROPEAN MARKET IN 2022
    4.6 MARKET GROWTH, BY KEY COUNTRY 
           FIGURE 21 US, CANADA, NETHERLANDS, AND CHINA TO SHOW SIGNIFICANT GROWTH DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 71)
    5.1 INTRODUCTION 
    5.2 MACROECONOMIC INDICATORS 
           5.2.1 RISE IN GLOBAL POPULATION AND FOOD REQUIREMENTS
                    FIGURE 22 GLOBAL POPULATION GROWTH TREND, 2011–2022 (BILLION)
           5.2.2 DECLINE IN PER CAPITA ARABLE LAND
                    FIGURE 23 TOTAL AVAILABLE ARABLE LAND, 1970–2020 (HECTARES/PERSON)
    5.3 MARKET DYNAMICS 
           FIGURE 24 GLOBAL COMMERCIAL GREENHOUSE MARKET: MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 Growing demand for food and climate change challenges
                               FIGURE 25 WORLD’S LARGEST FOOD-EXPORTING COUNTRIES, 2020 (USD BILLION)
                    5.3.1.2 Need for higher yields using limited space and water
                               FIGURE 26 GLOBAL WATER REUSE AFTER TERTIARY TREATMENT - MARKET SHARE, BY APPLICATION, 2020
                    5.3.1.3 Government initiatives to promote smart agricultural practices
           5.3.2 RESTRAINTS
                    5.3.2.1 Deployment of expensive systems in commercial greenhouses
                    5.3.2.2 Limited variety of crops suited to greenhouse farming
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Increase in demand for floriculture and ornamental horticulture applications
                    5.3.3.2 Rising preference for vegetables and fruits in developing countries
                               FIGURE 27 GLOBAL AGRI-FOOD EXPORT, 2019–2021 (USD BILLION)
                    5.3.3.3 R&D initiatives to improve greenhouse farming methods
                    5.3.3.4 Growing worldwide environmental concerns
           5.3.4 CHALLENGES
                    5.3.4.1 Lack of temperature control systems to maintain optimum crop production conditions in warm regions
                    5.3.4.2 Risk of equipment failure and delays in learning curve of growers
 
6 COMMERCIAL GREENHOUSE MARKET: INDUSTRY TRENDS (Page No. - 80)
    6.1 INTRODUCTION 
    6.2 VALUE CHAIN ANALYSIS 
           6.2.1 RESEARCH AND PRODUCT DEVELOPMENT
           6.2.2 SOURCING
           6.2.3 PRODUCTION
           6.2.4 MARKETING, SALES, LOGISTICS, AND RETAIL
    6.3 SUPPLY CHAIN ANALYSIS 
           FIGURE 29 SUPPLY CHAIN ANALYSIS
    6.4 TECHNOLOGY ANALYSIS 
           6.4.1 SOLID-STATE LIGHTING TECHNOLOGY
           6.4.2 ADVANCEMENTS IN TECHNOLOGY
                    6.4.2.1 Mobile applications and data tracking for assessment of real-time information
           6.4.3 M2M SOLUTIONS
                    6.4.3.1 Increasing use of M2M solutions in greenhouse farming by key market players
           6.4.4 AGRICULTURAL DRONES/UNMANNED AERIAL VEHICLES (UAVS)
    6.5 PATENT ANALYSIS 
           FIGURE 30 NUMBER OF PATENTS APPROVED FOR COMMERCIAL GREENHOUSE IN GLOBAL MARKET, 2012–2022
           FIGURE 31 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR COMMERCIAL GREENHOUSES, 2016–2022
           6.5.1 LIST OF MAJOR PATENTS PERTAINING TO COMMERCIAL GREENHOUSES, 2018–2023
                    TABLE 3 OVERVIEW OF PATENTS GRANTED FOR COMMERCIAL GREENHOUSES
    6.6 MARKET ECOSYSTEM 
           6.6.1 DEMAND SIDE
           6.6.2 SUPPLY SIDE
                    FIGURE 32 ECOSYSTEM MAP
                    TABLE 4 COMMERCIAL GREENHOUSE MARKET ECOSYSTEM
    6.7 TRADE ANALYSIS 
           TABLE 5 IMPORT VALUE OF POLYCARBONATES FOR KEY COUNTRIES, 2022 (USD THOUSAND)
           TABLE 6 EXPORT VALUE OF POLYCARBONATES FOR KEY COUNTRIES, 2022 (USD THOUSAND)
           TABLE 7 IMPORT VALUE OF POLYETHYLENE FOR KEY COUNTRIES, 2022 (USD THOUSAND)
           TABLE 8 EXPORT VALUE OF POLYETHYLENE FOR KEY COUNTRIES, 2021 (USD THOUSAND)
           TABLE 9 IMPORT VALUE OF POLYMETHYL METHACRYLATE FOR KEY COUNTRIES, 2022 (USD THOUSAND)
           TABLE 10 EXPORT VALUE OF POLYMETHYL METHACRYLATE FOR KEY COUNTRIES, 2022 (USD THOUSAND)
    6.8 KEY CONFERENCES & EVENTS 
           TABLE 11 MARKET: CONFERENCES & EVENTS, 2023–2024
    6.9 TRENDS/DISRUPTIONS IMPACTING BUYERS 
           FIGURE 33 TRENDS/DISRUPTIONS IMPACTING BUYERS IN THE MARKET
    6.10 AVERAGE SELLING PRICE 
           6.10.1 INTRODUCTION
                    FIGURE 34 AVERAGE SELLING PRICE TREND, BY TYPE, 2022 (USD/SETUP)
                    TABLE 12 AVERAGE SELLING PRICE OF KEY PLAYERS FOR COMMERCIAL GREENHOUSE TYPES (USD)
                    TABLE 13 GLASS GREENHOUSE: AVERAGE SELLING PRICE, BY REGION, 2018–2022 (USD/SQ. FT.)
                    TABLE 14 PLASTIC GREENHOUSE: AVERAGE SELLING PRICE, BY REGION, 2018–2022 (USD/SQ. FT.)
    6.11 CASE STUDY ANALYSIS 
           6.11.1 LUMIGROW PILOT CUSTOMERS USED GROW LIGHT SENSORS TO MANAGE LIGHT
           6.11.2 CERTHON BUILT HIGH-TECH GREENHOUSE IN JAPAN THAT WAS RESISTANT TO EARTHQUAKES
    6.12 PORTER’S FIVE FORCES ANALYSIS: GLOBAL COMMERCIAL GREENHOUSE MARKET 
                    TABLE 15 PORTER’S FIVE FORCES ANALYSIS
           6.12.1 THREAT OF NEW ENTRANTS
           6.12.2 THREAT OF SUBSTITUTES
           6.12.3 BARGAINING POWER OF SUPPLIERS
           6.12.4 BARGAINING POWER OF BUYERS
           6.12.5 INTENSITY OF COMPETITIVE RIVALRY
    6.13 KEY STAKEHOLDERS & BUYING CRITERIA 
           6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE EQUIPMENT
                    TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 EQUIPMENT
           6.13.2 BUYING CRITERIA
                    FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP TWO GREENHOUSE TYPES
                    TABLE 17 KEY BUYING CRITERIA FOR TOP TWO COMMERCIAL GREENHOUSE TYPES
    6.14 REGULATORY FRAMEWORK 
           6.14.1 NORTH AMERICA
                    6.14.1.1 US
           6.14.2 EUROPEAN UNION
                    6.14.2.1 European Committee for Standardization (CEN)
           6.14.3 ASIA PACIFIC
                    6.14.3.1 India
                    6.14.3.2 China
           6.14.4 SOUTH AMERICA
                    6.14.4.1 Brazil
                    6.14.4.2 Chile
           6.14.5 MIDDLE EAST
                    6.14.5.1 Egypt
                    6.14.5.2 UAE
    6.15 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
                    TABLE 18 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 19 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 20 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 21 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 22 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
7 COMMERCIAL GREENHOUSE MARKET SIZE, BY TYPE (Page No. - 107)
    7.1 INTRODUCTION 
           FIGURE 37 PLASTIC GREENHOUSE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
           TABLE 23 MARKET, BY TYPE, 2018–2022 (USD MILLION)
           TABLE 24 COMMERCIAL GREENHOUSE INDUSTRY, BY TYPE, 2023–2028 (USD MILLION)
    7.2 GLASS GREENHOUSE 
           7.2.1 LIMITED DEPENDENCY ON SUPPLEMENTAL LIGHTING LIKELY TO DRIVE DEMAND
                    TABLE 25 COMMERCIAL GLASS GREENHOUSE MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 26 COMMERCIAL GLASS GREENHOUSE MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 27 COMMERCIAL GLASS GREENHOUSE MARKET, BY TYPE, 2018–2022 (USD MILLION)
                    TABLE 28 COMMERCIAL GLASS GREENHOUSE MARKET, BY TYPE, 2023–2028 (USD MILLION)
           7.2.2 HORTICULTURE GLASS
                    7.2.2.1 Increasing grower preference for low-priced glass providing natural light to greenhouses to drive demand
                               TABLE 29 HORTICULTURE GLASS MARKET, BY REGION, 2018–2022 (USD MILLION)
                               TABLE 30 HORTICULTURE GLASS MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.2.3 OTHER GREENHOUSE GLASS
                    7.2.3.1 Increased application scope in greenhouse sector to propel market
                               TABLE 31 OTHER GREENHOUSE GLASS MARKET, BY REGION, 2018–2022 (USD MILLION)
                               TABLE 32 OTHER GREENHOUSE GLASS MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 PLASTIC GREENHOUSE 
           7.3.1 LOW COST AND MOISTURE-RETAINING PROPERTIES EXPECTED TO DRIVE MARKET
                    TABLE 33 COMMERCIAL PLASTIC GREENHOUSE MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 34 COMMERCIAL PLASTIC GREENHOUSE MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 35 COMMERCIAL PLASTIC GREENHOUSE MARKET, BY TYPE, 2018–2022 (USD MILLION)
                    TABLE 36 COMMERCIAL PLASTIC GREENHOUSE MARKET, BY TYPE, 2023–2028 (USD MILLION)
           7.3.2 POLYETHYLENE
                    7.3.2.1 Low cost of polyethylene sheets to drive demand in emerging markets
                               TABLE 37 POLYETHYLENE PLASTIC GREENHOUSE MARKET, BY REGION, 2018–2022 (USD MILLION)
                               TABLE 38 POLYETHYLENE PLASTIC GREENHOUSE MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.3.3 POLYCARBONATE
                    7.3.3.1 Durability and low maintenance requirements of polycarbonate to drive demand
                               TABLE 39 POLYCARBONATE PLASTIC GREENHOUSE MARKET, BY REGION, 2018–2022 (USD MILLION)
                               TABLE 40 POLYCARBONATE PLASTIC GREENHOUSE MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.3.4 POLYMETHYL METHACRYLATE (PMMA)
                    7.3.4.1 PMMA to witness growing demand due to long life and environment-friendly properties
                               TABLE 41 POLYMETHYL METHACRYLATE PLASTIC GREENHOUSE MARKET, BY REGION, 2018–2022 (USD MILLION)
                               TABLE 42 POLYMETHYL METHACRYLATE PLASTIC GREENHOUSE MARKET, BY REGION, 2023–2028 (USD MILLION)
 
8 COMMERCIAL GREENHOUSE MARKET SHARE, BY EQUIPMENT (Page No. - 118)
    8.1 INTRODUCTION 
           FIGURE 38 HARDWARE SEGMENT TO DOMINATE THE MARKET DURING FORECAST PERIOD
           TABLE 43 GLOBAL MARKET, BY EQUIPMENT, 2018–2022 (USD MILLION)
           TABLE 44 COMMERCIAL GREENHOUSE INDUSTRY, BY EQUIPMENT, 2023–2028 (USD MILLION)
    8.2 HARDWARE 
           8.2.1 DIVERSE CLIMATE CONDITIONS AND RISING ADOPTION OF MODERN FARMING TECHNIQUES TO DRIVE DEMAND
           8.2.2 CLIMATE CONTROL SYSTEMS
                    8.2.2.1 Increased farmer interest in monitoring yield quality and quantity to drive demand for climate control systems
           8.2.3 LIGHTING SYSTEMS
                    8.2.3.1 Increased demand for LED lights for energy reduction and better operational efficiency to drive demand
           8.2.4 COMMUNICATION SYSTEMS
                    8.2.4.1 Rising adoption of advanced technologies, such as IoT and AI, in greenhouse farms to drive demand for communication systems
           8.2.5 SENSORS
                    8.2.5.1 Sensors to drive adoption of more precise agricultural strategies
           8.2.6 SYSTEM CONTROLS
                    8.2.6.1 Increasing scope for monitoring greenhouse operations to create growth opportunities
           8.2.7 IRRIGATION SYSTEMS
                    8.2.7.1 Need for efficient use of water expected to propel market
           8.2.8 OTHER HARDWARE
                    8.2.8.1 Focus on shortening supply chain through farm-to-fork concept to drive market
                               TABLE 45 COMMERCIAL GREENHOUSE HARDWARE MARKET, BY REGION, 2018–2022 (USD MILLION)
                               TABLE 46 COMMERCIAL GREENHOUSE HARDWARE MARKET, BY REGION, 2023–2028 (USD MILLION)
                               TABLE 47 COMMERCIAL GREENHOUSE HARDWARE MARKET, BY TYPE, 2018–2022 (USD MILLION)
                               TABLE 48 COMMERCIAL GREENHOUSE HARDWARE MARKET, BY TYPE, 2023–2028 (USD MILLION)
    8.3 SOFTWARE & SERVICES 
           8.3.1 INCREASING SCOPE FOR AUTOMATION AND SMART FARMING TO CREATE GROWTH OPPORTUNITIES FOR MARKET
                    TABLE 49 COMMERCIAL GREENHOUSE SOFTWARE & SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 50 COMMERCIAL GREENHOUSE SOFTWARE & SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION)
 
9 COMMERCIAL GREENHOUSE MARKET SIZE, BY CROP TYPE (Page No. - 126)
    9.1 INTRODUCTION 
           FIGURE 39 VEGETABLES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
           TABLE 51 MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
           TABLE 52 MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
    9.2 VEGETABLES 
           9.2.1 POSSIBILITY OF YEAR-ROUND VEGETABLE PRODUCTION IN GREENHOUSES TO DRIVE MARKET
                    TABLE 53 MARKET FOR VEGETABLES, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 54 MARKET FOR VEGETABLES, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 55 COMMERCIAL GREENHOUSE INDUSTRY FOR VEGETABLES, BY TYPE, 2018–2022 (USD MILLION)
                    TABLE 56 MARKET FOR VEGETABLES, BY TYPE, 2023–2028 (USD MILLION)
           9.2.2 ROOTS & TUBERS
                    9.2.2.1 Rising application of roots & tubers likely to drive the market
           9.2.3 BRASSICAS
                    9.2.3.1 Growing demand for indoor vertical farms to increase yield of leafy greens to boost market
           9.2.4 OTHER VEGETABLES
                    9.2.4.1 Rising demand for hydroponically produced vegetables to spur overall commercial greenhouses market
    9.3 FRUITS 
           9.3.1 DEMAND FOR ORGANIC FRUITS TO DRIVE MARKET GROWTH
                    TABLE 57 MARKET FOR FRUITS, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 58 MARKET FOR FRUITS, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 59 MARKET FOR FRUITS, BY TYPE, 2018–2022 (USD MILLION)
                    TABLE 60 MARKET FOR FRUITS, BY TYPE, 2023–2028 (USD MILLION)
           9.3.2 CITRUS FRUITS
                    9.3.2.1 Adoption of high-end technologies to produce better yields to meet demand
           9.3.3 BERRIES
                    9.3.3.1 Rising production of strawberries and blueberries in greenhouses to drive market
           9.3.4 OTHER FRUIT TYPES
                    9.3.4.1 Optimum lighting conditions and climate control systems in greenhouses to facilitate rapid crop cultivation
    9.4 FLOWERS & ORNAMENTALS 
           9.4.1 GROWING CONSUMPTION OF FLOWERS & ORNAMENTALS FOR AROMATHERAPY AND DECORATION PURPOSES TO DRIVE MARKET
                    TABLE 61 GREENHOUSE MARKET FOR FLOWERS & ORNAMENTALS, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 62 MARKET FOR FLOWERS & ORNAMENTAL, BY REGION, 2023–2028 (USD MILLION)
    9.5 NURSERY CROPS 
           9.5.1 GREENHOUSES TO PROVIDE EXTRA CARE TO NURSERY CROPS AGAINST ENVIRONMENTAL FACTORS
                    TABLE 63 MARKET FOR NURSERY CROPS, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 64 COMMERCIAL GREENHOUSE INDUSTRY FOR NURSERY CROPS, BY REGION, 2023–2028 (USD MILLION)
    9.6 OTHER CROP TYPES 
           TABLE 65 MARKET FOR OTHER CROP TYPES, BY REGION, 2018–2022 (USD MILLION)
           TABLE 66 MARKET FOR OTHER CROP TYPES, BY REGION, 2023–2028 (USD MILLION)
 
10 GLOBAL COMMERCIAL GREENHOUSE MARKET, BY REGION (Page No. - 137)
     10.1 INTRODUCTION 
               FIGURE 40 MARKET, BY REGION, 2023 VS. 2028 (USD MILLION)
               TABLE 67 MARKET, BY REGION, 2018–2022 (USD MILLION)
               TABLE 68 MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.2 NORTH AMERICA 
               FIGURE 41 NORTH AMERICA: MARKET REPORT SNAPSHOT
               TABLE 69 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
               TABLE 70 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
               TABLE 71 NORTH AMERICA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
               TABLE 72 NORTH AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
               TABLE 73 NORTH AMERICA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 74 NORTH AMERICA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 75 NORTH AMERICA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 76 NORTH AMERICA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 77 NORTH AMERICA: MARKET, BY EQUIPMENT, 2018–2022 (USD MILLION)
               TABLE 78 NORTH AMERICA: MARKET, BY EQUIPMENT, 2023–2028 (USD MILLION)
               TABLE 79 NORTH AMERICA: MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
               TABLE 80 NORTH AMERICA: COMMERCIAL GREENHOUSE INDUSTRY, BY CROP TYPE, 2023–2028 (USD MILLION)
             10.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
                       FIGURE 42 INFLATION IN NORTH AMERICA: COUNTRY-LEVEL DATA, 2017–2021
                       FIGURE 43 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2022
             10.2.2 US
                       10.2.2.1 Dynamic market to bolster demand for commercial greenhouses
                                   TABLE 81 US: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 82 US: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 83 US: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 84 US: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 85 US: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 86 US: COMMERCIAL GREENHOUSE MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.2.3 CANADA
                       10.2.3.1 High awareness of greenhouse farming techniques to fuel growth prospects
                                   TABLE 87 CANADA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 88 CANADA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 89 CANADA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 90 CANADA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 91 CANADA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 92 CANADA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.2.4 MEXICO
                       10.2.4.1 Rising demand for greenhouse production among farmers and consumers to drive market
                                   TABLE 93 MEXICO: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 94 MEXICO: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 95 MEXICO: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 96 MEXICO: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 97 MEXICO: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 98 MEXICO: COMMERCIAL GREENHOUSE INDUSTRY, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
     10.3 EUROPE 
               FIGURE 44 EUROPE: MARKET REPORT SNAPSHOT
               TABLE 99 EUROPE: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
               TABLE 100 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
               TABLE 101 EUROPE: MARKET, BY TYPE, 2018–2022 (USD MILLION)
               TABLE 102 EUROPE: MARKET, BY TYPE, 2023–2028 (USD MILLION)
               TABLE 103 EUROPE: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 104 EUROPE: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 105 EUROPE: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 106 EUROPE: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 107 EUROPE: MARKET, BY EQUIPMENT, 2018–2022 (USD MILLION)
               TABLE 108 EUROPE: MARKET, BY EQUIPMENT, 2023–2028 (USD MILLION)
               TABLE 109 EUROPE: MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
               TABLE 110 EUROPE: COMMERCIAL GREENHOUSE MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
             10.3.1 EUROPE: RECESSION IMPACT ANALYSIS
                       FIGURE 45 INFLATION IN EUROPE: COUNTRY-LEVEL DATA, 2017–2021
                       FIGURE 46 EUROPEAN MARKET SHARE: RECESSION IMPACT ANALYSIS
             10.3.2 SPAIN
                       10.3.2.1 Increasing investments in state-of-the-art greenhouses to increase vegetable exports to drive market
                                   TABLE 111 SPAIN: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 112 SPAIN: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 113 SPAIN: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 114 SPAIN: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 115 SPAIN: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 116 SPAIN: COMMERCIAL GREENHOUSE INDUSTRY, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.3.3 TURKEY
                       10.3.3.1 Growing demand for hydroponically cultivated products likely to drive overall market in Turkey
                                   TABLE 117 TURKEY: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 118 TURKEY: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 119 TURKEY: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 120 TURKEY: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 121 TURKEY: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 122 TURKEY: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.3.4 AUSTRIA
                       10.3.4.1 Cold temperatures in Austria to drive demand for commercial greenhouses
                                   TABLE 123 AUSTRIA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 124 AUSTRIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 125 AUSTRIA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 126 AUSTRIA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 127 AUSTRIA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 128 AUSTRIA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.3.5 ITALY
                       10.3.5.1 Growing demand for out-of-season products in Italy to boost need for commercial greenhouses
                                   TABLE 129 ITALY: COMMERCIAL GREENHOUSE MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 130 ITALY: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 131 ITALY: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 132 ITALY: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 133 ITALY: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 134 ITALY: COMMERCIAL GREENHOUSE INDUSTRY, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.3.6 NETHERLANDS
                       10.3.6.1 Increasing inclination toward efficient farming to enhance the market growth in Netherlands
                                   TABLE 135 NETHERLANDS: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 136 NETHERLANDS: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 137 NETHERLANDS: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 138 NETHERLANDS: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 139 NETHERLANDS: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 140 NETHERLANDS: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.3.7 REST OF EUROPE
                       TABLE 141 REST OF EUROPE: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                       TABLE 142 REST OF EUROPE: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                       TABLE 143 REST OF EUROPE: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                       TABLE 144 REST OF EUROPE: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                       TABLE 145 REST OF EUROPE: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                       TABLE 146 REST OF EUROPE: COMMERCIAL GREENHOUSE INDUSTRY, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
     10.4 ASIA PACIFIC 
               TABLE 147 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2018–2022 (USD MILLION)
               TABLE 148 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
               TABLE 149 ASIA PACIFIC: MARKET, BY TYPE, 2018–2022 (USD MILLION)
               TABLE 150 ASIA PACIFIC: MARKET, BY TYPE, 2023–2028 (USD MILLION)
               TABLE 151 ASIA PACIFIC: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 152 ASIA PACIFIC: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 153 ASIA PACIFIC: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 154 ASIA PACIFIC: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 155 ASIA PACIFIC: COMMERCIAL GREENHOUSE MARKET, BY EQUIPMENT, 2018–2022 (USD MILLION)
               TABLE 156 ASIA PACIFIC: MARKET, BY EQUIPMENT, 2023–2028 (USD MILLION)
               TABLE 157 ASIA PACIFIC: MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
               TABLE 158 ASIA PACIFIC: MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
             10.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
                       FIGURE 47 INFLATION IN ASIA PACIFIC: COUNTRY-LEVEL DATA, 2017–2021
                       FIGURE 48 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2022
             10.4.2 CHINA
                       10.4.2.1 Growing government initiatives and private investments in China to drive market
                                   TABLE 159 CHINA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 160 CHINA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 161 CHINA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 162 CHINA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 163 CHINA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 164 CHINA: COMMERCIAL GREENHOUSE INDUSTRY, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.4.3 SOUTH KOREA
                       10.4.3.1 Entry of multiple key players and government initiatives to promote installation of smart greenhouses in South Korea
                                   TABLE 165 SOUTH KOREA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 166 SOUTH KOREA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 167 SOUTH KOREA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 168 SOUTH KOREA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 169 SOUTH KOREA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 170 SOUTH KOREA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.4.4 JAPAN
                       10.4.4.1 Collaborative efforts to promote greenhouse farming to boost demand in Japan
                                   TABLE 171 JAPAN: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 172 JAPAN: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 173 JAPAN: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 174 JAPAN: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 175 JAPAN: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 176 JAPAN: COMMERCIAL GREENHOUSE MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.4.5 AUSTRALIA
                       10.4.5.1 Rising awareness leading to demand to upgrade current greenhouse technologies in Australia
                                   TABLE 177 AUSTRALIA: MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 178 AUSTRALIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 179 AUSTRALIA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 180 AUSTRALIA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 181 AUSTRALIA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 182 AUSTRALIA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.4.6 INDIA
                       10.4.6.1 Increasing investments from key players to propel commercial greenhouse market growth in India
                                   TABLE 183 INDIA: COMMERCIAL GREENHOUSE INDUSTRY, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 184 INDIA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 185 INDIA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 186 INDIA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 187 INDIA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 188 INDIA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.4.7 REST OF ASIA PACIFIC
                       TABLE 189 REST OF ASIA PACIFIC: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                       TABLE 190 REST OF ASIA PACIFIC: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                       TABLE 191 REST OF ASIA PACIFIC: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                       TABLE 192 REST OF ASIA PACIFIC: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                       TABLE 193 REST OF ASIA PACIFIC: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                       TABLE 194 REST OF ASIA PACIFIC: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
     10.5 SOUTH AMERICA 
               TABLE 195 SOUTH AMERICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
               TABLE 196 SOUTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
               TABLE 197 SOUTH AMERICA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
               TABLE 198 SOUTH AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
               TABLE 199 SOUTH AMERICA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 200 SOUTH AMERICA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 201 SOUTH AMERICA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 202 SOUTH AMERICA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 203 SOUTH AMERICA: MARKET, BY EQUIPMENT, 2018–2022 (USD MILLION)
               TABLE 204 SOUTH AMERICA: COMMERCIAL GREENHOUSE MARKET, BY EQUIPMENT, 2023–2028 (USD MILLION)
               TABLE 205 SOUTH AMERICA: MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
               TABLE 206 SOUTH AMERICA: MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
             10.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
                       FIGURE 49 INFLATION IN SOUTH AMERICA: COUNTRY-LEVEL DATA, 2017–2021
                       FIGURE 50 SOUTH AMERICA: RECESSION IMPACT ANALYSIS, 2022
             10.5.2 BRAZIL
                       10.5.2.1 Increased emphasis on agricultural output to drive market in Brazil
                                   TABLE 207 BRAZIL: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 208 BRAZIL: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 209 BRAZIL: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 210 BRAZIL: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 211 BRAZIL: COMMERCIAL GREENHOUSE INDUSTRY, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 212 BRAZIL: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.5.3 ARGENTINA
                       10.5.3.1 Government initiatives in Argentina to boost market for commercial greenhouses
                                   TABLE 213 ARGENTINA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 214 ARGENTINA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 215 ARGENTINA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 216 ARGENTINA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 217 ARGENTINA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 218 ARGENTINA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.5.4 REST OF SOUTH AMERICA
                       TABLE 219 REST OF SOUTH AMERICA: MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)
                       TABLE 220 REST OF SOUTH AMERICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                       TABLE 221 REST OF SOUTH AMERICA: COMMERCIAL GREENHOUSE MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                       TABLE 222 REST OF SOUTH AMERICA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                       TABLE 223 REST OF SOUTH AMERICA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                       TABLE 224 REST OF SOUTH AMERICA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
     10.6 REST OF THE WORLD (ROW) 
               TABLE 225 ROW: MARKET, BY REGION, 2018–2022 (USD MILLION)
               TABLE 226 ROW: MARKET, BY REGION, 2023–2028 (USD MILLION)
               TABLE 227 ROW: MARKET, BY TYPE, 2018–2022 (USD MILLION)
               TABLE 228 ROW: MARKET, BY TYPE, 2023–2028 (USD MILLION)
               TABLE 229 ROW: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 230 ROW: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 231 ROW: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
               TABLE 232 ROW: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
               TABLE 233 ROW: MARKET, BY EQUIPMENT, 2018–2022 (USD MILLION)
               TABLE 234 ROW: MARKET, BY EQUIPMENT, 2023–2028 (USD MILLION)
               TABLE 235 ROW: MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
               TABLE 236 ROW: COMMERCIAL GREENHOUSE INDUSTRY, BY CROP TYPE, 2023–2028 (USD MILLION)
             10.6.1 ROW: RECESSION IMPACT
                       FIGURE 51 INFLATION IN ROW, 2017–2021
                       FIGURE 52 ROW: RECESSION IMPACT ANALYSIS, 2022
             10.6.2 MIDDLE EAST
                       10.6.2.1 Increasing demand for fresh vegetables in Middle East to drive demand for commercial greenhouses
                                   TABLE 237 MIDDLE EAST: COMMERCIAL GREENHOUSE MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 238 MIDDLE EAST: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 239 MIDDLE EAST: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 240 MIDDLE EAST: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 241 MIDDLE EAST: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 242 MIDDLE EAST: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
             10.6.3 AFRICA
                       10.6.3.1 Low- or mid-tech level affordable greenhouses to create growth opportunities in Africa
                                   TABLE 243 AFRICA: MARKET, BY TYPE, 2018–2022 (USD MILLION)
                                   TABLE 244 AFRICA: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 245 AFRICA: MARKET, BY GLASS GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 246 AFRICA: MARKET, BY GLASS GREENHOUSE, 2023–2028 (USD MILLION)
                                   TABLE 247 AFRICA: MARKET, BY PLASTIC GREENHOUSE, 2018–2022 (USD MILLION)
                                   TABLE 248 AFRICA: MARKET, BY PLASTIC GREENHOUSE, 2023–2028 (USD MILLION)
 
11 COMPETITIVE LANDSCAPE (Page No. - 211)
     11.1 OVERVIEW 
     11.2 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 
               FIGURE 53 SEGMENTAL REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2020–2022 (USD BILLION)
     11.3 MARKET SHARE ANALYSIS, 2022 
               TABLE 249 MARKET: DEGREE OF COMPETITION
     11.4 KEY PLAYERS’ ANNUAL REVENUE VS. GROWTH 
               FIGURE 54 ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022 (%)
     11.5 KEY PLAYERS’ EBITDA 
               FIGURE 55 EBITDA, 2022 (USD BILLION)
     11.6 STRATEGIES ADOPTED BY KEY PLAYERS 
     11.7 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 
               FIGURE 56 COMMERCIAL GREENHOUSE MARKET: GLOBAL SNAPSHOT OF KEY PARTICIPANTS, 2022
     11.8 COMPANY EVALUATION MATRIX (KEY PLAYERS) 
             11.8.1 STARS
             11.8.2 PERVASIVE PLAYERS
             11.8.3 EMERGING LEADERS
             11.8.4 PARTICIPANTS
                       FIGURE 57 MARKET: COMPANY EVALUATION MATRIX, 2022 (KEY PLAYERS)
     11.9 COMPANY FOOTPRINT 
               TABLE 250 COMPANY FOOTPRINT, BY EQUIPMENT
               TABLE 251 COMPANY FOOTPRINT, BY TYPE
               TABLE 252 COMPANY FOOTPRINT, BY REGION
               TABLE 253 GLOBAL MARKET: OVERALL COMPANY FOOTPRINT OF KEY PLAYERS
     11.10 STARTUP/SME EVALUATION QUADRANT 
               11.10.1 PROGRESSIVE COMPANIES
               11.10.2 STARTING BLOCKS
               11.10.3 RESPONSIVE COMPANIES
               11.10.4 DYNAMIC COMPANIES
                       FIGURE 58 MARKET: COMPANY EVALUATION MATRIX, 2022 (STARTUPS/SMES)
               11.10.5 COMPETITIVE BENCHMARKING
                       TABLE 254 DETAILED LIST OF KEY STARTUPS/SMES
                       TABLE 255 COMPETITIVE BENCHMARKING (OTHER PLAYERS), 2022
               11.10.6 COMPETITIVE SCENARIO
                       TABLE 256 COMMERCIAL GREENHOUSE MARKET SIZE: PRODUCT LAUNCHES, 2019–2022
               11.10.7 DEALS
                       TABLE 257 COMMERCIAL GREENHOUSE INDUSTRY: DEALS, 2019–2023
               11.10.8 OTHERS
                       TABLE 258 MARKET: OTHERS, 2019–2020
 
12 COMPANY PROFILES (Page No. - 237)
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
     12.1 KEY PLAYERS 
             12.1.1 BERRY GLOBAL GROUP, INC.
                       TABLE 259 BERRY GLOBAL GROUP, INC.: BUSINESS OVERVIEW
                       FIGURE 59 BERRY GLOBAL GROUP, INC.: COMPANY SNAPSHOT
                       TABLE 260 BERRY GLOBAL GROUP, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
            TABLE 261 BERRY GLOBAL GROUP, INC.: DEALS
             12.1.2 SIGNIFY HOLDING
                       TABLE 262 SIGNIFY HOLDING: BUSINESS OVERVIEW
                       FIGURE 60 SIGNIFY HOLDING: COMPANY SNAPSHOT
                       TABLE 263 SIGNIFY HOLDING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 264 SIGNIFY HOLDING: DEALS
             12.1.3 HELIOSPECTRA AB
                       TABLE 265 HELIOSPECTRA AB: BUSINESS OVERVIEW
                       FIGURE 61 HELIOSPECTRA AB: COMPANY SNAPSHOT
                       TABLE 266 HELIOSPECTRA AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 267 HELIOSPECTRA AB: PRODUCT LAUNCHES
                       TABLE 268 HELIOSPECTRA AB: DEALS
             12.1.4 PLASTIKA KRITIS S.A.
                       TABLE 269 PLASTIKA KRITIS S.A.: COMMERCIAL GREENHOUSE MARKET BUSINESS OVERVIEW
                       FIGURE 62 PLASTIKA KRITIS S.A.: COMPANY SNAPSHOT
                       TABLE 270 PLASTIKA KRITIS S.A: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.5 EVERLIGHT ELECTRONICS CO., LTD
                       TABLE 271 EVERLIGHT ELECTRONICS CO., LTD: BUSINESS OVERVIEW
                       FIGURE 63 EVERLIGHT ELECTRONICS: COMPANY SNAPSHOT
                       TABLE 272 EVERLIGHT ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.6 GIBRALTAR INDUSTRIES
                       TABLE 273 GIBRALTAR INDUSTRIES: BUSINESS OVERVIEW
                       FIGURE 64 GIBRALTAR INDUSTRIES: COMPANY SNAPSHOT
                       TABLE 274 GIBRALTAR INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 275 GIBRALTAR INDUSTRIES: DEALS
             12.1.7 RICHEL GROUP
                       TABLE 276 RICHEL GROUP: BUSINESS OVERVIEW
                       TABLE 277 RICHEL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 278 RICHEL GROUP: DEALS
             12.1.8 ARGUS CONTROL SYSTEMS LIMITED
                       TABLE 279 ARGUS CONTROL SYSTEMS LIMITED: BUSINESS OVERVIEW
                       TABLE 280 ARGUS CONTROL SYSTEMS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 281 ARGUS CONTROL SYSTEMS LIMITED: PRODUCT LAUNCHES
                       TABLE 282 ARGUS CONTROL SYSTEMS LIMITED: DEALS
             12.1.9 CERTHON
                       TABLE 283 CERTHON: BUSINESS OVERVIEW
                       TABLE 284 CERTHON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 285 CERTHON: DEALS
                       TABLE 286 CERTHON: OTHERS
             12.1.10 LOGIQS B.V.
                       TABLE 287 LOGIQS B.V.: BUSINESS OVERVIEW
                       TABLE 288 LOGIQS B.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 289 LOGIQS B.V.: DEALS
             12.1.11 LUMIGROW, INC
                       TABLE 290 LUMIGROW, INC: COMMERCIAL GREENHOUSE MARKET BUSINESS OVERVIEW
                       TABLE 291 LUMIGROW, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 292 LUMIGROW, INC: PRODUCT LAUNCHES
                       TABLE 293 LUMIGROW, INC: DEALS
             12.1.12 AGRA TECH, INC
                       TABLE 294 AGRA TECH, INC: BUSINESS OVERVIEW
                       TABLE 295 AGRA TECH, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.13 HORT AMERICAS
                       TABLE 296 HORT AMERICAS: BUSINESS OVERVIEW
                       TABLE 297 HORT AMERICAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.14 TOP GREENHOUSES
                       TABLE 298 TOP GREENHOUSES: BUSINESS OVERVIEW
                       TABLE 299 TOP GREENHOUSES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.15 STUPPY GREENHOUSE
                       TABLE 300 STUPPY GREENHOUSE: BUSINESS OVERVIEW
                       TABLE 301 STUPPY GREENHOUSE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
     12.2 OTHER PLAYERS/STARTUPS 
             12.2.1 THE GLASSHOUSE COMPANY PTY LTD
                       TABLE 302 THE GLASSHOUSE COMPANY PTY LTD: BUSINESS OVERVIEW
                       TABLE 303 THE GLASSHOUSE COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.2.2 DECLOET GREENHOUSE MANUFACTURING LTD.
                       TABLE 304 DECLOET GREENHOUSE MANUFACTURING LTD.: BUSINESS OVERVIEW
                       TABLE 305 DECLOET GREENHOUSE MANUFACTURING LTD.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
             12.2.3 EUROPROGRESS
                       TABLE 306 EUROPROGRESS: BUSINESS OVERVIEW
                       TABLE 307 EUROPROGRESS: PRODUCTS/SOLUTIONS/SERVICES
             12.2.4 LUITEN GREENHOUSES
                       TABLE 308 LUITEN GREENHOUSES: BUSINESS OVERVIEW
                       TABLE 309 LUITEN GREENHOUSES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.2.5 SOTRAFA
                       TABLE 310 SOTRAFA: BUSINESS OVERVIEW
                       TABLE 311 SOTRAFA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.2.6 NOBUTEC B.V
             12.2.7 AMMERLAAN CONSTRUCTION
             12.2.8 LUDY.COM
             12.2.9 SAVEER BIOTECH
             12.2.10 HARFORD
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
 
13 ADJACENT & RELATED MARKETS (Page No. - 308)
     13.1 INTRODUCTION 
               TABLE 312 ADJACENT MARKETS TO GLOBAL COMMERCIAL GREENHOUSE MARKET
     13.2 LIMITATIONS 
     13.3 SMART AGRICULTURE MARKET 
             13.3.1 MARKET DEFINITION
             13.3.2 MARKET OVERVIEW
             13.3.3 SMART AGRICULTURE MARKET, BY OFFERING
                       TABLE 313 SMART AGRICULTURE MARKET, BY OFFERING, 2019–2022 (USD MILLION)
                       TABLE 314 SMART AGRICULTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION)
     13.4 SMART GREENHOUSE MARKET 
             13.4.1 MARKET DEFINITION
             13.4.2 MARKET OVERVIEW
             13.4.3 SMART GREENHOUSE MARKET, BY TYPE
                       TABLE 315 SMART GREENHOUSE MARKET, BY TYPE, 2017–2025 (USD MILLION)
 
14 APPENDIX (Page No. - 312)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.3 CUSTOMIZATION OPTIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 

Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, sources such as annual reports, press releases, investor presentations of companies, white papers, certified publications, articles from regulatory bodies, trade directories by recognized authors, and databases were used to identify and collect information for this study.

Secondary research was used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to the commercial greenhouse industry trends to the bottom-most level, geographic markets, and key developments from both market and technology-oriented perspectives.

Primary Research

The global commercial greenhouse market comprises several stakeholders, including raw material suppliers, system manufacturers, grow media and nutrient formulators, suppliers, crop growers, end-product manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary interviewees from the supply side include research institutions involved in R&D to introduce technology, distributors, wholesalers, climate control system manufacturers, grow media and nutrient manufacturers, raw material suppliers, key opinion leaders, and technology providers. Primary sources from the demand side include key opinion research institutions, hydroponic growers, government agencies, horticulturists, floriculturists, and sustainable and indoor farming associations who provided inputs through questionnaires, emails, and telephonic interviews.

Commercial Greenhouse Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Commercial Greenhouse Market Size Estimation

Both the top-down and bottom-up approaches have been used to estimate and validate the commercial greenhouse market size. These approaches were extensively used to determine the size of the subsegments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players in the commercial greenhouse industry and the overall markets were identified through extensive secondary research.
  • The revenues of the major commercial greenhouse players were determined through primary and secondary research; these were used as the basis for market sizing and estimation.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All macroeconomic and microeconomic factors affecting the commercial greenhouse market growth were considered while estimating the market size.
  • All parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
  • All macroeconomic and microeconomic factors affecting the commercial greenhouse market were considered while estimating the market size.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.

Global Commercial Greenhouse Market Size: Bottom-Up Approach

In the bottom-up approach, the overall size of the commercial greenhouse market was calculated by identifying various entities influencing the value chain of the market. The revenue was arrived at by analyzing the major companies, system integrators, and service providers operating in the market. The estimation of the size of the smart greenhouse market for each region and country was based on the demand for commercial greenhouses. Developments and other critical parameters, such as ongoing and upcoming commercial greenhouse projects, were also tracked and identified for forecasting the market size.

Commercial Greenhouse Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global commercial greenhouse market size: Top-Down Approach

In the top-down approach, the overall market size has been used to estimate the size of individual markets (mentioned in the market segmentation) through the percentage splits from secondary and primary research.

For the calculation of specific market segments, the most appropriate parent market size has been used to implement the top-down approach. The bottom-up approach has also been implemented for the data extracted from the secondary research to validate the market size for each segment. With the data triangulation procedure and the validation of data through primaries, the overall parent market size and each individual market size have been determined and confirmed in this study.

Commercial Greenhouse Market Size, and Share

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. Where applicable, the data triangulation and market breakdown procedures were employed to estimate the overall market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. The market size was also validated using both the top-down and bottom-up approaches.

Commercial Greenhouse Market Definition

A greenhouse is a structure with a transparent roof and walls, often made of glass or plastic. Various types of plants are grown in greenhouses, where their growth conditions can be monitored and controlled. Greenhouses vary in size from small greenhouses to commercial buildings.

According to the International Journal of Environmental Research and Public Health, a commercial greenhouse is used for the mass production of plants or produce (such as vegetables) that will be sold to retailers, who will sell them to the public. They are often high-tech structures controlled by a computer and may house complex equipment to control heating, cooling, lighting, relative humidity, and vapor-pressure deficit.

Key Stakeholders

  • Manufacturers of commercial greenhouse and indoor farming equipment
  • Original design manufacturing (ODM) and original equipment manufacturing (OEM) technology solution providers
  • Sensor providers
  • Software solution providers
  • Individual and large growers
  • Horticulturists and floriculturists
  • Research institutes and organizations
  • Government bodies, regulatory authorities, venture capitalists, and private equity firms

Commercial Greenhouse Market Report Objectives

Market Intelligence

  • Determining and projecting the size of the market based on mode of application and region over a five-year period ranging from 2023 to 2028.
  • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across the key regions
  • Analyzing the demand-side factors based on the following:
  • Impact of macro- and microeconomic factors on the market
  • Shifts in demand patterns across different subsegments and regions.
  • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders.
  • To strategically profile the key players and comprehensively analyze their core competencies.
  • To analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & development (R&D) in the commercial greenhouse market

Competitive Intelligence

  • Identifying and profiling the key market players in the market
  • Providing a comparative analysis of the market leaders based on the following:
    • Product offerings
    • Business strategies
    • Strengths and weaknesses
    • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key region.
  • Analyzing the value chain and regulatory frameworks across regions and their impact on prominent market players
  • Providing insights into the key investments and product innovations, and technology in the commercial greenhouse market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company.

Geographic Analysis

  • Further breakdown of the Rest of Europe's commercial greenhouse market into Poland, Greece, and Denmark.
  • Further breakdown of the Rest of Asia Pacific commercial greenhouse industry into New Zealand, Indonesia, Vietnam, South Korea, and Singapore.

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
AGI 4088
Published ON
Aug, 2023
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Global Commercial Greenhouse Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback